| Risk, Insurance, Claims & Safety |
Insured losses from April storms may surpass $350M, Aon Benfield says
Insured losses from storms last month are estimated to be at least $350 million, lower than estimated losses during the same month last year, Aon Benfield said in a report. Hail and wind in the Midwest, Plains and Southeast caused most of the damage last month, with $700 million or more in economic losses resulting from at least five events, the report said. PropertyCasualty360
(5/9)
|
CalPERS works to remove ineligible dependents from benefits system
The California Public Employees' Retirement System is trying to remove about 29,000 people -- government employees' children, spouses and domestic partners -- who are thought to be wrongly receiving benefits. Aon Hewitt, however, estimates that figure may be too conservative. While CalPERS expects that removing people will save about $40 million a year, recouping premiums will be difficult because "it's just a very messy process to look retroactively and figure out the point at which someone should never have been covered," says Karen Frost of Aon Hewitt. The Sacramento Bee (Calif.) (free registration)
(5/7)
|
N.J. universities erroneously gave too much in student loans, documents show
The U.S. Education Department discovered that $608,766 in federally subsidized loans and grant funds was improperly given to New Jersey City University students who never attended class or who failed out, records show. The discovery was made during an audit of federal money being used by the university, a review that began after a former employee's embezzlement. Other schools found to have improperly awarded loans and grants include Kean University and Rutgers University, records show. "Most schools do not get cited and have to pay back funds," an Education Department spokeswoman said. The Star-Ledger (Newark, N.J.)
(5/12)
|
4 ways to harness your workers' altruism
Altruism can be a powerful motivator if managers learn to make it a central part of their interactions with and evaluations of employees, writes Julie Winkle Giulioni. That means holding regular back-patting sessions at which workers are praised for the work they've done to help customers and colleagues. "Before long, employees will have internalized the discipline of connecting their performance to its value to others," Giulioni writes. SmartBrief/SmartBlog on Leadership
(5/9)
|
April 2013 Global Catastrophe Recap
Aon Benfield analyzes the past month's catastrophe losses and their impact on the insurance market. Read the full report.
2013 Risk Pooling Symposium
The Aon National Risk Pooling Practice invites you to attend our 18th Risk Pooling Symposium, from July 30 to Aug. 2 at the Ritz-Carlton Bachelor Gulch in Avon, Colo. We're bringing together a variety of professionals who serve pools, risk retention groups or association insurance programs. The subjects we cover focus on delivering board members, executives and staff the insight they need to drive key trends and management strategies, and embrace industry concepts and technological opportunities. Leading speakers in the industry will present on issues such as member retention, risk control, reinsurance and more. Learn more and register.
|
 |
Sometimes you have to play a long time to be able to play like yourself."
-- Miles Davis, American jazz musician
|
|
|
We are a global team of risk management professionals serving our governmental,
quasi-governmental, civil, social and educational clients. We use cutting-edge,
creative and forward-thinking techniques to respond to risk related needs and to
address the unique challenges of rapidly developing social and economic conditions
today, and for tomorrow.
|
|
|
|
 |
It is a rather unique opportunity in the business world when two leaders in their
respective fields can come together in a global partnership such as the one we have
announced with our friends at Manchester United, the world's #1 sports brand. A shared
desire for excellence and winning, based on tradition, integrity, teamwork and success.
Unparalleled global reach. Unprecedented partnership.
|
|
Please contact one of our specialists for advertising opportunities,
editorial inquiries, job placements, or any other questions.
|
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
|
|
|
